Examlex
One important method for enhancing creativity is to make it an explicit goal.
Expensed
The act of charging costs to expense accounts, recognizing them in the income statement in the period they were incurred.
Operation
In a business context, operation refers to the day-to-day activities necessary for running a company, which can include production, distribution, and the provision of services.
CCA Deductions
Refers to Capital Cost Allowance deductions in taxation, allowing businesses to claim depreciation on tangible capital assets.
CCA Tax Shield
Refers to the decrease in taxable income for businesses in Canada due to Capital Cost Allowance, which allows for the depreciation of tangible property to be deducted from taxable income.
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